THIS AFTERNOON: India keeps strategic crude stocks untouched
Plus: ICICI Prudential AMC opens Dubai base to target GCC wealth
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Plus: ICICI Prudential AMC opens Dubai base to target GCC wealth
The country ranked 10th globally by FDI capital and second by project count
Communications was the largest recipient with USD 319.7 bn in FDI, followed by renewables at USD 193 bn
Plus: India taps diaspora investors as foreign funds exit local equities
Developed economies lead the upswing, while developing economies see modest decline
Plus: Aviation regulator fines IndiGo USD 2.45 mn over mass flight disruptions
Data show steady FDI inflows offset by rising repatriations and outbound investments
India has unlocked full control for foreign investors in the ins. sector, but preserves a fragmented market that complicates scale,…
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